📡 BTC Slips Toward 75K Ahead of CPI
BTC is testing the 75K shelf again, near 74,900 and down about 1% in 24h after dipping toward 73,800 overnight. ETH leads the slide, near 2,130 and down about 5%, while SOL sits near 87, down about 3%.
The tape stays heavy after US spot BTC ETFs lost about 1.28B last week, the biggest weekly outflow since June. All eyes now turn to October CPI tomorrow, with consensus near 0.3% month on month and no year on year print this time. A hot number could firm up December hike odds near 80% and put the shelf under more pressure.
👀 Support 75,000 and 73,200. Resistance 76,000 and 80,000.
CPI lands tomorrow morning US time and could set the tone into the Fed meeting in December.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #CPI
$BTCUSDT $ETHUSDT $SOLUSDT
BTC is testing the 75K shelf again, near 74,900 and down about 1% in 24h after dipping toward 73,800 overnight. ETH leads the slide, near 2,130 and down about 5%, while SOL sits near 87, down about 3%.
The tape stays heavy after US spot BTC ETFs lost about 1.28B last week, the biggest weekly outflow since June. All eyes now turn to October CPI tomorrow, with consensus near 0.3% month on month and no year on year print this time. A hot number could firm up December hike odds near 80% and put the shelf under more pressure.
👀 Support 75,000 and 73,200. Resistance 76,000 and 80,000.
CPI lands tomorrow morning US time and could set the tone into the Fed meeting in December.
📌 Personal opinion, not financial advice. DYOR.
#BTC #Crypto #CryptoMarket #CPI
$BTCUSDT $ETHUSDT $SOLUSDT
